Capital One is running a 20% transfer bonus to Air France-KLM Flying Blue through November 30, 2026 — a straightforward way to stretch Capital One miles toward Flying Blue redemptions if you’ve got a specific flight in mind.

The Offer

  • Bonus: 20% — Capital One miles normally transfer to Flying Blue at 1:1, so during the window 25,000 Capital One miles become 30,000 Flying Blue miles.
  • Window: November 1 through November 30, 2026 (through 11:59 p.m. ET).
  • Eligibility: Any of Capital One’s four miles-earning cards can transfer under this bonus — it isn’t restricted to a single card product.

Capital One is also running a separate 30% bonus to Copa ConnectMiles and a 30% bonus to Virgin Atlantic this same month — each has its own window and terms, so don’t assume they all end on November 30.

When to Use It

Flying Blue uses dynamic, distance- and demand-based pricing rather than a fixed chart, and it periodically runs its own Promo Rewards sales that cut award prices directly — so the bonus is most useful once you’ve already priced a specific flight you want and confirmed the Flying Blue cost beats paying cash or using another transfer partner. As always, transfers to Flying Blue are one-way, so don’t move miles on spec.

For the full list of where else Capital One miles can go, see our Capital One transfer partners guide.

What’s the Capital One to Flying Blue transfer ratio right now?

1.2 Flying Blue miles per Capital One mile during the bonus window — for example, 25,000 Capital One miles become 30,000 Flying Blue miles. The standard ratio outside the bonus is 1:1.

When does this bonus end?

November 30, 2026, at 11:59 p.m. ET.

Which Capital One cards are eligible?

Any of Capital One's four miles-earning cards can transfer under this bonus — it isn't limited to a single card product.

Are the Copa and Virgin Atlantic transfer bonuses part of this same offer?

No — Capital One is running separate transfer bonuses to Copa ConnectMiles (30%) and Virgin Atlantic (30%) this same month, each with its own window and terms.

Can I transfer miles back if I don’t use them?

No, transfers to Flying Blue are one-way and cannot be reversed, so confirm award availability before transferring.

Final Thoughts

20% is a modest bonus by this fall’s standards, but it costs nothing to use if you already have a Flying Blue redemption lined up. Price the award first, transfer second.